Leeds BS 5-year fixed rate mortgage available up to 85% LTV

Leeds Building Society has launched a new market leading 5-year fixed rate mortgage at only 5.75% that is available up to 85% loan to value.

Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year, without penalty. Borrowers with a larger deposit can benefit from a rate of only 5.25%.

Kim Rebecchi, Director of Sales & Marketing said, "This is a fantastic opportunity for those borrowers with a smaller deposit to lock in to low rates for 5-years and benefit from peace of mind and security, over a large part of a typical mortgage life, at a very affordable rate.

"In these uncertain times, with historically low interest rates, we are seeing an increase in the number of customers looking to fix. Therefore, we know that many more mortgage holders will welcome the ability to budget and limit their monthly outgoings, particularly existing mortgage customers who may be coming to the end of their current deal."

For more information, customers can call into their local branch, apply online at leedsbuildingsociety.co.uk.